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Mar 26, 2013
03/13
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they're competing for people in china -- with people in china. this is a global society. , andimple job market economic viability of this state and this country are inextricably linked to public education. i do not joke when i say that l.a. is america, only sooner. we look like this country is going to look. we had best figure this out and figure this out on the rights of kids first. tavis: what is the link between poverty and the school-to-prison pipeline that we are trying to get at in this special? >> when we work in schools, poverty is not destiny. living in circumstances of poverty is not actually automatic to criminalization. we also realize that the best economic stimulus is a diploma. if you want to break the cycle of poverty, we need to have you graduate. it is impossible if you are criminalize and in incarceration. for many in the urban sector, it is graduation or incarceration. it better be graduation. when i am old, i want them taking care of me. they need to be competent. tavis: in the special tomorrow night, we talked to a judge in
they're competing for people in china -- with people in china. this is a global society. , andimple job market economic viability of this state and this country are inextricably linked to public education. i do not joke when i say that l.a. is america, only sooner. we look like this country is going to look. we had best figure this out and figure this out on the rights of kids first. tavis: what is the link between poverty and the school-to-prison pipeline that we are trying to get at in this...
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Feb 23, 2013
02/13
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and china together? >> well, we like the technol sector for a number of reasons. first we do think you're going to see a pickup in global growth. tech companies are very linked to the global economy. a lot of the technology companies rely on corporate capital spend. so that's where we think we'll seen inflection point there. valuations for the tech sector are the lowest they've been since the mid-90s. the sector trades at a petraeu p/e level. everybody knows about the mobility story but there are other things happening in the enterprise part of the technology center always propel growth going forward. >> tom: you also like the industrial sector. i suppose that makes sense with the rebound in china. it's had a nice run lately. what do you expect out of industrials over the next year or so? >> for industrials, there's leverage to a pickup in capital responding and i think the pickup in merger acquisition and activity as we've seen is an indication that corporations are beginning to redeploy some of their cash, and i think we're going to see that come through in more
and china together? >> well, we like the technol sector for a number of reasons. first we do think you're going to see a pickup in global growth. tech companies are very linked to the global economy. a lot of the technology companies rely on corporate capital spend. so that's where we think we'll seen inflection point there. valuations for the tech sector are the lowest they've been since the mid-90s. the sector trades at a petraeu p/e level. everybody knows about the mobility story but...
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Sep 25, 2012
09/12
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china. >> ifill: with its own tv ad charging obama is weak on trade against china. overthe weekend both candidates used dueling interviews on cbs's "60 minutes" to make their case. romney was pressed to provide specifics on economic policy. >> well, i can tell them specifically what my policy looks like. i will not raise taxes on middle-income folks. i will not lower the share of taxes paid by high-income individuals. and i will make sure that wee bring down rates, we limit deductions and exemptions so we can keep the code and we encourage growth in jobs. >> and the devil is in the details though. what are we talking about'? the mortgage deduction? the charitable deduction. >> the devil is in the details. the angell is in the policy which is creating more jobs. >> you have heard the criticism, i'm sure, that your campaign can be vague about things. i wonder if this isn't precisely one of those things. >> it's very much consistent with my experience as a governor. which is if you want to work
china. >> ifill: with its own tv ad charging obama is weak on trade against china. overthe weekend both candidates used dueling interviews on cbs's "60 minutes" to make their case. romney was pressed to provide specifics on economic policy. >> well, i can tell them specifically what my policy looks like. i will not raise taxes on middle-income folks. i will not lower the share of taxes paid by high-income individuals. and i will make sure that wee bring down rates, we...
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Jul 21, 2012
07/12
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is facing competition to keep them, especially from india, china, korea and japan. >> taiwanese barbecue flavor. it's okay, right. >> it's okay. >> wei-jin is interest taiwan. in the field of imology she is one of the world's best and brightest. her research keeps her notice laboratory 60 hour ace week. >> it's not all i do. >> one of my new year's resolution is to learn how to watch football, american football. >> and what is a first down. >> first down -- >> i didn't know anything so to me it was always about beer and pizza, popcorn. >> so they can get either one or two extra points. >> they're going to go for one. >> yay! >> wei-jin would like to stay in the u.s. after getting her ph.d but she could take her american education an her research just about anywhere. and she might just have to. >> if i cannot find a job to secure my visa status, i will have to leave the country. >> we don't want to suggest that there isn't always going to be a place for people who have extraordinary talent and ability. if we don't get them, somebody else will. we should expect for the world's best and bri
is facing competition to keep them, especially from india, china, korea and japan. >> taiwanese barbecue flavor. it's okay, right. >> it's okay. >> wei-jin is interest taiwan. in the field of imology she is one of the world's best and brightest. her research keeps her notice laboratory 60 hour ace week. >> it's not all i do. >> one of my new year's resolution is to learn how to watch football, american football. >> and what is a first down. >> first...
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Apr 23, 2013
04/13
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our second quarter should look better in china. a bit more optimistic with china. >> you announced a stock buy back program, is there a number that you expect for caterpillar stock to be next year? >> we have quit a bit of cash on our books and with the price of the stock and the multiples, we felt it was an opportunity to do it. we will contribute a billion dollars under the plan that is outstanding and it's the strength of the balance sheet. we can take it and we felt it would be a good time to do so. >> that stock buy-back announcement could be one of the reasons that their stock soared to $82.71. >> while caterpillars may be seeing blue skies ahead, if you fly, you may be seeing red. airports all across the country may be experiencing big delays as air traffic controllers are furloughed to save money t impact of the federal budget cuts from the so-called sequester. we have more on how the cuts could change your travel plans right now and through the summer. >> both new york's laguardia airport and lax in los angeles, featured m
our second quarter should look better in china. a bit more optimistic with china. >> you announced a stock buy back program, is there a number that you expect for caterpillar stock to be next year? >> we have quit a bit of cash on our books and with the price of the stock and the multiples, we felt it was an opportunity to do it. we will contribute a billion dollars under the plan that is outstanding and it's the strength of the balance sheet. we can take it and we felt it would be...
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Apr 13, 2013
04/13
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>> what china has is it has money to invest. obviously this is a country that is a world power and fared better in the economic downturns than most countries around the world. there is a large growing middle class in china that has money. if you are jerry brown, you want it in two forms. you want large money for the deal we talked about in oakland and you want consumerism. you want them to buy california products. >> he is good on staying on message and staying away from politicking and pomp and ceremony. how has he dealt with that among chinese delegates? >> he has done well with the pomp and circumstance. that is not a jerry brown strong suit. he disdains the trappings of office, usually. he seems to have enjoyed himself having a meeting with the premier of china in mid week. of course, all of the other officials he talked to. as far as issues that maybe others think he should be talking to here and most notably, issues on human rights issues or cyber security or piracy of entertainment items. the governor is steering clear of
>> what china has is it has money to invest. obviously this is a country that is a world power and fared better in the economic downturns than most countries around the world. there is a large growing middle class in china that has money. if you are jerry brown, you want it in two forms. you want large money for the deal we talked about in oakland and you want consumerism. you want them to buy california products. >> he is good on staying on message and staying away from politicking...
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Jan 15, 2011
01/11
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the west [unintelligible] the eve merging economies like china -- emerging economies like china. in that case we lose the economic war. second possibility, tschida falters. in this scenario they still maintain the 10% annual growth needed to overtake america. and the west stays dominant by default. third, america fights back. we direct vast sums into new technologies and better education. but all this requires money bad americans squandered already. this leads to protectionism. america has not benefited from globalization and will be harmed far less by a debt default. despite the nuclear option, this ends up being most likely. >> we spoke to one economist from the hudson institute. >> you seem to be suggesting that america is about 2/[unintelligible] >> quite the contrary. my book is is essentially arguing that the u.s. and europe has a chance to turn things around. if you read the subtitles, specifically because there are choices that should be made. that could actually avert the intending dim. >> you talk about defaulting on the debt. you talk about the move to protection that
the west [unintelligible] the eve merging economies like china -- emerging economies like china. in that case we lose the economic war. second possibility, tschida falters. in this scenario they still maintain the 10% annual growth needed to overtake america. and the west stays dominant by default. third, america fights back. we direct vast sums into new technologies and better education. but all this requires money bad americans squandered already. this leads to protectionism. america has not...
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Apr 28, 2012
04/12
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. >>> and is technology manufacturing in china reeking havoc on the environment? we'll here from environmental prize winner ma june coming up nec. ♪ hello, i'm del belva davis. joining me on our newscast. san francisco chronicle transportation reporter, michael donova. and michael montgomery, reporter for the center of investigative reporting. and paul rogers, san jose mercury news environment writer. paul, a rare form of mad cow disease spotted in california. how concerned should we be? >> well, statistically not very concerned. nobody has ever died in the united states from mad cow disease connected with u.s. beef. as we remember from the '80s and 90s, there was a very bad outbreak in england. about 150 people died there. a lot of safety processes have been put in place since. food safety is a serious thing. according to the cbc, 3,000 people in america, 3,000 die every year from food born illness. and these are things like salmonella, e. coli, other bacteria infections. just last week dole recalled hundreds of crates of lettuce because of the salmonella scare
. >>> and is technology manufacturing in china reeking havoc on the environment? we'll here from environmental prize winner ma june coming up nec. ♪ hello, i'm del belva davis. joining me on our newscast. san francisco chronicle transportation reporter, michael donova. and michael montgomery, reporter for the center of investigative reporting. and paul rogers, san jose mercury news environment writer. paul, a rare form of mad cow disease spotted in california. how concerned should we...
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Jun 26, 2013
06/13
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that's exactly what is happening to an american businessman in china. >>> food fight, would you eat food knowing they are made from genetically altered seeds? it's a multi-billion-dollar industry that finds itself in the center of controversy. that and more tonight on "nightly business report" for tuesday, june 25th. >>> good evening everybody i'm bill griffin in for tyler mathisen this evening. american consumers are feeling more confident these days, surprising given the turmoil and uncertainty in the stock market. for the third straight month a closely watched index rose sharply hitting a five-year high. the survey shows people are feeling better about their jobs and financial situations, and that confidence is also showing up in the housing market. sales of new homes rose more than 2% in may to the highest level wean seen since 2008 and home prices jumped a record 12% in april on an index of 20 cities. the dow rose more than 100 points and the nasdaq 27 and the s and p up 15 today. >>> with that enthusiasm in the housing market, there is concerns. there is shrinking supply of homes o
that's exactly what is happening to an american businessman in china. >>> food fight, would you eat food knowing they are made from genetically altered seeds? it's a multi-billion-dollar industry that finds itself in the center of controversy. that and more tonight on "nightly business report" for tuesday, june 25th. >>> good evening everybody i'm bill griffin in for tyler mathisen this evening. american consumers are feeling more confident these days, surprising...
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Aug 20, 2011
08/11
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-china relations. our round table conversation on china is coming up right now. >> every community has a martin luther king boulevard. it is the cornerstone we all know. it is not just a street, a boulevard, but a place where wal-mart stands together with your community. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide insurance is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> and by contributions to your pbs station from the viewers like you. thank you. ♪ tavis: i am pleased to be joined by a terrific and distinguished panel. first up is john chan, former chair of the c-100. cindy fan is the dean of social sciences dominic king is the ceo of east west bank here in california. and the ambassador who serve as liaison to china for director steven spielberg. let me start with you. we were talking a moment ago about my own feelings -- i talk
-china relations. our round table conversation on china is coming up right now. >> every community has a martin luther king boulevard. it is the cornerstone we all know. it is not just a street, a boulevard, but a place where wal-mart stands together with your community. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide insurance is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment...
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Aug 27, 2015
08/15
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me. >> let's start with china. it seems to be the flash point right now. we've obviously seen financial impact in our markets. what about the economic impact that a slowdown in china might have? >> i think that's the critical question. it is the economic, really china's economy should be the focus. not the equity market. despite the recent volatility. we've had concerns that many sectors within china, particularly the manufacturing sector, was growing. weaker than was widely appreciated. i think some are becoming much more appreciated and that has had some modest impact on some part of the u.s. economy. >> do you believe the numbers coming out from china in terms of their growth? or do you think they're exacerbated even though they're lower numbers than the past. do you think they're growing at a 7% rate or perhaps even better or less? >> well, i think more importantly, some of the measures just tends to be less volatile than one would expect from economic statistics. i think the leading indicators we look at sugge
me. >> let's start with china. it seems to be the flash point right now. we've obviously seen financial impact in our markets. what about the economic impact that a slowdown in china might have? >> i think that's the critical question. it is the economic, really china's economy should be the focus. not the equity market. despite the recent volatility. we've had concerns that many sectors within china, particularly the manufacturing sector, was growing. weaker than was widely...
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Jun 22, 2013
06/13
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. >> they create jobs for us in china and u.s. many of these products in the foreign countries, as in the process of localization you create for jobs for the foreign countries whether the u.s., kber m -- germany or u.s. so everybody benefits. >> reporter: welcomed news for everybody back at home. >>> and tonight in market focus, some bargain hunting on the day after the big dow dipper. bristol myers gaining back most of thursday's loss as investors cheered for leukemia treatment and bristol myers up 2.5% on above average a $45.73. dish network touching a five-year high after it abandoned efforts to close in on sprint. they won't be spending it now. that didn't matter to the market today as dish network gained more than 3% to close at $41.40. dish up 7% since it lost that sprint bid back in april. >>> archer daniels midland gained after saying that it's in talks to sole the coco business, 4% of the overall sales. adm shares were up 1.5% closing at $33.09 and facebook gained today on an upgrade to buy and some astonishing stats on i
. >> they create jobs for us in china and u.s. many of these products in the foreign countries, as in the process of localization you create for jobs for the foreign countries whether the u.s., kber m -- germany or u.s. so everybody benefits. >> reporter: welcomed news for everybody back at home. >>> and tonight in market focus, some bargain hunting on the day after the big dow dipper. bristol myers gaining back most of thursday's loss as investors cheered for leukemia...
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Jun 25, 2013
06/13
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so have they in china. ey want to substitute debt fuelled growth, substitute really demand fuelled growth for debt fuelled growth. >> absolutely. in essence, what the new government in china's doing is take ing the punch bowl of liquidity away from the party. as we all know without a punch bowl, a lot of parties die. and this is the issue all of a sudden the chinese are facing is okay, fine, we have to have more organic growth. we have to move away from just large state corporations that hog credit markets 37 we need to have more entrepreneurs in the economy. there's a lot of things that need to be corrected there, and i don't see china totally unraveling. but like i said, it's -- growth is going to be slower. the other aspect is, this government does not have a lot of room to maneuver. and by that, i mean, it's real simple. that they have to maintain credibility on one side, but they have to make the structural changes on the other as they reduce liquidity. >> we have to leave it there, mr. mcdonald. head
so have they in china. ey want to substitute debt fuelled growth, substitute really demand fuelled growth for debt fuelled growth. >> absolutely. in essence, what the new government in china's doing is take ing the punch bowl of liquidity away from the party. as we all know without a punch bowl, a lot of parties die. and this is the issue all of a sudden the chinese are facing is okay, fine, we have to have more organic growth. we have to move away from just large state corporations that...
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May 14, 2011
05/11
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involvement from the state from china. we are in the united states and we can build systems without being corrupt. and we can do them efficiently. up know the other challenge we have is as we look at the florida governor turning down billions of dollars to build the system. it's not by accident that we are a smaller population and produce the greenhouse gases. it's an important part of a system that can help reduce greenhouse gases and build transit oriented development. we have a state that will eliminate redevelopment agencies and we need to find a way to spur development in downtowns or we will continue a pattern of not succeeding. >> certainly running the trains is more efficient and cost effective than running trucks and cars. the problem i have is this is a great idea for the state and it's like christmas, you get your electric train set and your mom and dad say wait, sit down and take some time and read the instruction book and the authority is designing the tracks everywhere in the state at the same time. finances
involvement from the state from china. we are in the united states and we can build systems without being corrupt. and we can do them efficiently. up know the other challenge we have is as we look at the florida governor turning down billions of dollars to build the system. it's not by accident that we are a smaller population and produce the greenhouse gases. it's an important part of a system that can help reduce greenhouse gases and build transit oriented development. we have a state that...
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Aug 20, 2015
08/15
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they do reference china. these minutes do not reflect the devaluation that occurred in the chinese currency. >> that's right. these minutes really weren't that surprising. once we got to read them all, of course, they were released early. they're exactly consistent with the statement the federal reserve released. i don't think there is any information here. and i think also, there is a focus at the federal reserve. so if you look at commodity prices falling, the question you have to ask yourself is, does this make the u.s. economy weaker? so far the answer is no. so after reading these, it doesn't change my view. if we get a decent employment report in august, for august in early september, i think the fed will raise rates. >> and you think that is an appropriate move. >> oh, yes, it is. we can't wait for perfection. this economy is a permanently c-plus student. so waiting for to it get an "a" is pointless. i think the economy is strong enough. the unemployment rate is low enough that we should not have the p
they do reference china. these minutes do not reflect the devaluation that occurred in the chinese currency. >> that's right. these minutes really weren't that surprising. once we got to read them all, of course, they were released early. they're exactly consistent with the statement the federal reserve released. i don't think there is any information here. and i think also, there is a focus at the federal reserve. so if you look at commodity prices falling, the question you have to ask...
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Jun 8, 2013
06/13
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china seems to be able to take whatever they want. not just from the u.s. government and defense contractors which are long-time targets, but also companies like google, other tech companies, symantec, there are a lot in silicon valley that have been hit repeatedly by chinese espionage. >> google's chairman, eric schmidt, has said that china is the most prolific cyber-hacker. how much -- how concerned should we be? if they can hack to the systems, doesn't it mean they can also disable the systems? >> yeah. >> as well? >> yeah, it does. and that's a very good point. i -- i personally think that people should be very concerned about the scale of the theft just on its own merits. but when we talk about destructive attacks, which is what people are starting to worry about, yes, absolutely. the hard part is getting in. you can destroy the data as easily as you can get it. we haven't seen it because mostly the motives have been espionage, information, looking for holes to come back later. we've seen a few destructive attacks, the u.s. and israel against iran. and
china seems to be able to take whatever they want. not just from the u.s. government and defense contractors which are long-time targets, but also companies like google, other tech companies, symantec, there are a lot in silicon valley that have been hit repeatedly by chinese espionage. >> google's chairman, eric schmidt, has said that china is the most prolific cyber-hacker. how much -- how concerned should we be? if they can hack to the systems, doesn't it mean they can also disable the...
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Oct 13, 2011
10/11
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and people are trying to save their homes from a major redevelopment project in china. it is 9:00 a.m. here in singapore. >> it is 2:00 a.m. in london. broadcasting to pbs viewers in america and around the world, this is "neuza de." -- "newsday." hello and thank you for joining us. the police in the united states say people have been killed and one other critically wounded in a shooting at a hair salon in the southeast of los angeles. a man was arrested at a roadblock at about 800 meters from the scene. police say a number of weapons have now been seized. he opened fire at a small shopping center at seal beach, a seaside town in orange county in southern california. we can get the very latest from our correspondent, peter, in los angeles. >> do we know anything more about the person who has -- is believed to have carried out the shooting? gretzky was arrested shortly after the shooting -- >> he was arrested shortly after the shooting, just a few hundred meters away. we do not know the name of the man. it was a white male. but we are hearing reports from eyewitnesses tha
and people are trying to save their homes from a major redevelopment project in china. it is 9:00 a.m. here in singapore. >> it is 2:00 a.m. in london. broadcasting to pbs viewers in america and around the world, this is "neuza de." -- "newsday." hello and thank you for joining us. the police in the united states say people have been killed and one other critically wounded in a shooting at a hair salon in the southeast of los angeles. a man was arrested at a roadblock...
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Aug 25, 2015
08/15
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the slide was so sharp, china's state media dubbed today "black monday." overnight, the government eased regulations on pension funds allowing them now to invest in the stock market for the first time. but that was not enough to prop up sentiment. >>> also contributing to the nervousness in the markets was oil. prices today continued to plunge. west texas intermediate fell 5% to settle back at the lowest settlement since early 2009. the accelerating slide in prices is due to declining demand from china and oversupply of crude. and that slide in crude is expected to bring gas prices below $2 a gallon to most of the country by the end of the year. but over the past two weeks, the average price didn't move much. dropping ever so slightly to $2.71 a gallon and that's according to the lundberg survey. the highest prices were found in los angeles at $3.67 a gallon. the lowest in charleston, south carolina, at 2.10 a gallon. the once hot technology sector has been hardest hit. the tech heavy nasdaq is in correction territory and today posted the largest daily per
the slide was so sharp, china's state media dubbed today "black monday." overnight, the government eased regulations on pension funds allowing them now to invest in the stock market for the first time. but that was not enough to prop up sentiment. >>> also contributing to the nervousness in the markets was oil. prices today continued to plunge. west texas intermediate fell 5% to settle back at the lowest settlement since early 2009. the accelerating slide in prices is due to...
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Apr 3, 2012
04/12
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a number of asean members have an overlapping claims with china. president hu jintao is a very close friend of cambodia. it would not have been surprising if he would have been urging cambodia to keep the south china sea issue either off the agenda or low profile. but best of luck in doing that, really. >> thank you so much for joining us from cambodia and for this update. you have been watching newsday from the bbc. reminder ofng you a our breaking news this hour. within the last 20 minutes or so, authorities in oakland, california have been giving details about a shooting on a college campus which left seven people dead. authorities have confirmed that a 43-year-old korean man is the only suspect being held by police in connection with the incident, and that 13 people were seriously wounded, seven killed, and three remained in serious condition. more on that to come. stay with us. news at bbc.com/news. >> funding was made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, union bank, and shel
a number of asean members have an overlapping claims with china. president hu jintao is a very close friend of cambodia. it would not have been surprising if he would have been urging cambodia to keep the south china sea issue either off the agenda or low profile. but best of luck in doing that, really. >> thank you so much for joining us from cambodia and for this update. you have been watching newsday from the bbc. reminder ofng you a our breaking news this hour. within the last 20...
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Jul 28, 2012
07/12
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and these were not made in china. they were, i mean, they are not -- this was not installed in china. it was installed in san jose, created two san jose jobs for two days. so if everybody -- that's a big deal. that's just a 2000-watt panel. bigger panels would have more, of course more impact. >> reporter: back in livermore, where we started out-- >> i don't understand why anybody wouldn't do this, do these programs if they have such an input on a house that doesn't cost you any upfront money. >> reporter: this is dennis rooney's nearly 300-acre ranch. on it, he's banking big bucks since he installed three solar panels. >> i think it's a great way to go. my case, it was a little bit of money upfront, but that money could never draw the kind of money that i'm getting from the savings. i'm saving over $5000, almost $6000 a year, and, you know, you have to have a lot of money in the bank to draw that kind of interest. well, i think it should be some sort of a policy indicating that renewable energy should be the way to g
and these were not made in china. they were, i mean, they are not -- this was not installed in china. it was installed in san jose, created two san jose jobs for two days. so if everybody -- that's a big deal. that's just a 2000-watt panel. bigger panels would have more, of course more impact. >> reporter: back in livermore, where we started out-- >> i don't understand why anybody wouldn't do this, do these programs if they have such an input on a house that doesn't cost you any...
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Apr 26, 2014
04/14
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japan is in a dispute with china over a group of islands in the east china sea that japan named. both nations claim the islands. now for the first time, a u.s. president, obama, has sided with japan. ahead of his visit, the president told the japanese newspaper that the islands fall under the u.s., japan mutual security treaty and said quote, the policy of the united states is clear. the islands are administered by japan. we oppose any unilateral attempts to undermine japan's administration of these islands. unquote. >> question, one of the main objectives of president obama's trip to asia, the asian pivot. >> japan is in a conflict with china. japan add administered these islands, china entered a claim for them. this could go to a shooting war. if you go to the philippines and malaysia, both of those places have islands in the south china sea. the philippines are in a conflict with china and they want the american military support behind them. >> in the philippines. >> south korea has a treaty with the united states to defend it against north korea or to fight on its behalf and
japan is in a dispute with china over a group of islands in the east china sea that japan named. both nations claim the islands. now for the first time, a u.s. president, obama, has sided with japan. ahead of his visit, the president told the japanese newspaper that the islands fall under the u.s., japan mutual security treaty and said quote, the policy of the united states is clear. the islands are administered by japan. we oppose any unilateral attempts to undermine japan's administration of...
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Sep 7, 2013
09/13
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but they're moving massachusetts china and they've been moving into china and selling phones. but their phones are too expensive for many people except big cities like shanghai and beijing. >> in china about $200. >> they aspire to the iphone but it's like $800 in china to buy one. it's not the same system here. so they're looking for a $400 phone that is a cheaper phone and has -- works better with their wireless system and things like that. the people want that phone. they just can't afford it right now. they're looking for a phone that has more appeal to a broader range of people. >> speaking of china, are we going to hear of new deals with china, japan? >> china, i think that's where everybody's focused. they're in with two of the big mobile providers and now i think rumors, i think it's correct that they're going to do a deal with china mobile, the biggest, ten times the size of verizon, 700 million customers. these are huge numbers in china. apple has been losing market share there, losing revenues. samsung has been gaining. >> absolutely, 100%. >> that's their primary c
but they're moving massachusetts china and they've been moving into china and selling phones. but their phones are too expensive for many people except big cities like shanghai and beijing. >> in china about $200. >> they aspire to the iphone but it's like $800 in china to buy one. it's not the same system here. so they're looking for a $400 phone that is a cheaper phone and has -- works better with their wireless system and things like that. the people want that phone. they just...
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Jan 18, 2014
01/14
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china mobile can earn more as customers spend on data. apple could potentially sell millions more gadgets to chinese companies 760 million subscribers, twice the size of the population of the united states. china is apple's biggest market outside the u.s., but many wonder if it's new partnership would be enough to fend off cheaper competition and maintain its iconic status here long-term. >> the bottom line is it's going to help apple to sell more phones in china at a time when apple started to -- globally, sell a lot of phones, so there's no doubt it's good for them. >> for now, these customer rs happy to get a 5s or 5c, just as investors will have to wait to see if this pays off. >>> general electric's quarterly earnings were right on target, but investors weren't impressed and that's where we begin. fourth quarter income was up nearly 5% as revenue increased, but the company has been able to grow profits by cutting costs and increasing productivity, but product margin came in below. shares fell to 26.58. >>> legal bills weighed on morg
china mobile can earn more as customers spend on data. apple could potentially sell millions more gadgets to chinese companies 760 million subscribers, twice the size of the population of the united states. china is apple's biggest market outside the u.s., but many wonder if it's new partnership would be enough to fend off cheaper competition and maintain its iconic status here long-term. >> the bottom line is it's going to help apple to sell more phones in china at a time when apple...
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Jun 2, 2016
06/16
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the oecb slashed its forecast for china to 6.5%. it calls it a low growth trap. >> the reason why we're in a trap is because there's insignificant demand. in other words business investment says i'm not going to invest and hire people because i don't see any demand and then of course since they don't hire and generate wages in fact there isn't. so it's a trap. >> reporter: they concluded that banks are not enough to break out of the trap. >> we have to bring in the second policy instrument which is fiscal policy and we know that countries now have the opportunity to borrow at very low interest rates so they should do and that and engage in the type of projects they've put on hold. >> reporter: those policies are controversial in countries where there's concerns about deficits and paying interest on debt once rates rise and doubt about the effectiveness of borrow and spend policies to spark growth but some say they could break the trap. >> if we structured a plan that caused the economy to grow more in line with the historical record
the oecb slashed its forecast for china to 6.5%. it calls it a low growth trap. >> the reason why we're in a trap is because there's insignificant demand. in other words business investment says i'm not going to invest and hire people because i don't see any demand and then of course since they don't hire and generate wages in fact there isn't. so it's a trap. >> reporter: they concluded that banks are not enough to break out of the trap. >> we have to bring in the second...
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Dec 26, 2017
12/17
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and by the way, not by 2030, but three years earlier -- 2027. >> and china. >> and china -- closing coal plants, putting on, you know, more zero-emission electric vehicles than anyone else -- 5 million over the next three years, investing in a huge charging station infrastructure in china, and really moving forward. in fact, even intellectually and from an analytical point of view, really contributing to the developing practice of green finance, because they understand that this is their competitive edge. >> enlightenment on this issue may have come to india and china, but in america, president trump continued to disappoint allies by appointing scott pruitt to run the environmental protection agency -- a man who made his career out of fighting and suing that very agency. so before we move on, let's be clear about one thing -- 13 federal agencies in the u.s. this autumn concluded that human activity is the dominant reason our earth is warming. the report says that sea levels have risen 7 to 8 inches since 1900, and nearly half of that rise has come since 1993. carbon dioxide is now at its
and by the way, not by 2030, but three years earlier -- 2027. >> and china. >> and china -- closing coal plants, putting on, you know, more zero-emission electric vehicles than anyone else -- 5 million over the next three years, investing in a huge charging station infrastructure in china, and really moving forward. in fact, even intellectually and from an analytical point of view, really contributing to the developing practice of green finance, because they understand that this is...
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Aug 2, 2016
08/16
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it's also backed by china's sovereign fund and it is the only company with investors from china's three major tech titans. uber is also pointing to wider concern in the tech community. the business environment for foreign companies is just getting tougher. >> activity in china's manufacturing sector shrank in july. according to a survey,k and flooding in part of the country disrupted business. the report is adding to recent concerns that china's economy willw in the coming months. >> e u.s. grew at a modestly slower rate in july, but still expanding at ar the institute for supply management saw its index drop to just under a one-year high. the index has been positive for five months. u.s. construction spenit on no building dropping by the largest amoue officis sugge that the financial markets are too b kaplcap said a rate hike next month is ver meantime, the president of the new york fed sai the l bank raising interest rates before the election. both officials said economic data between now and the next meeting will be critical to any decision. . by asset sounded optimistic on the u.s.
it's also backed by china's sovereign fund and it is the only company with investors from china's three major tech titans. uber is also pointing to wider concern in the tech community. the business environment for foreign companies is just getting tougher. >> activity in china's manufacturing sector shrank in july. according to a survey,k and flooding in part of the country disrupted business. the report is adding to recent concerns that china's economy willw in the coming months....
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May 22, 2015
05/15
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of china. that of course is affiliated with the chinese government. the government there now getting a majority stake in this digital networking subsidiary. >> hp i gather is holding on to other divisions over there that work in sort of consumer products printers and the like. let's patriot act. what about the professes against it? >> rep t s of the edward snowden spying allegations hestates as well with rand paul united states senator doing sort of a mini filibuster on the senate floor against the patriot act. now there's some real question about whether the provisions of the patriot act that apply to spying on meta data for telephone records for american citizens whether those provisions will be reauthorized by the june 1st deadline or not. there's some question about whether or not there a votes in the senate to do that. the house has passed its version, not clear at this point what's going to happen here. >> we also heard from fbi director who expressed concerns over tech companies and their encryption. >> yeah broad number of companies wrote a le
of china. that of course is affiliated with the chinese government. the government there now getting a majority stake in this digital networking subsidiary. >> hp i gather is holding on to other divisions over there that work in sort of consumer products printers and the like. let's patriot act. what about the professes against it? >> rep t s of the edward snowden spying allegations hestates as well with rand paul united states senator doing sort of a mini filibuster on the senate...
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Nov 19, 2013
11/13
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due in part to the decades-old one child policy china is aging faster than other developing nations. pension and health care systems here are not well equipped, raising questions about how china will be able to take care of a quickly rising number of old people. >> in the next 20 years, the number of elderly age 60 and older will be more than the total population of the united states. >> businesses had help to provide answers, this company opened offices here two years ago to offer home visits. >> there is no home care service, so we think the market is huge. >> reporter: local entrepreneurs are also joining in. businesswoman yun created a three-star hotel creating activities and room and board. people can visit the pharmacy, there is a massage area and other areas they hope will make it a distinctive and competitive industry. >> reporter: still, they say it is not as cultural accepting in the u.s. sometimes children don't want their parents to go into nursing homes, she says, sometimes the elderly are reluctant. even so most businesses expect their investments to fully mature, along
due in part to the decades-old one child policy china is aging faster than other developing nations. pension and health care systems here are not well equipped, raising questions about how china will be able to take care of a quickly rising number of old people. >> in the next 20 years, the number of elderly age 60 and older will be more than the total population of the united states. >> businesses had help to provide answers, this company opened offices here two years ago to offer...
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Nov 28, 2013
11/13
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banks in the cross hairs over hiring practices in china. this comes after wall street watchdog the securities and exchange commission sent a letter to goldman sachs and citi group investigating allegations of bribery and hiring relatives of top chinese government officials. in return, the companies may have received favorable business treatment. >>> and some of those same banks along with a few other top lenders may need to have a lot more money on hand to cover up bad loans or to cover i should say bad loans. credit did rating agency s&p says banks may have to spend $104 billion to resolve issues with investors and counter parties as they try to put the subprime crisis to rest. >>> applications for new mortgages dipped lower. for the fourth week in a row, the mortgage bankers association says the rate on the average 30 year fixed rate loan edged a fraction higher to 4.48%. >>> but higher mortgage rates don't seem to impact many buyers from china flushed with cash and leery of political instability at home. california real estate is fast be
banks in the cross hairs over hiring practices in china. this comes after wall street watchdog the securities and exchange commission sent a letter to goldman sachs and citi group investigating allegations of bribery and hiring relatives of top chinese government officials. in return, the companies may have received favorable business treatment. >>> and some of those same banks along with a few other top lenders may need to have a lot more money on hand to cover up bad loans or to...
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May 1, 2014
05/14
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china. and particularly in the area of exporting to china we just haven't done very well at all. we're very good at importing for china but we're very bad at exporting to china. and i think the big reason is we don't pay much attention to that market. >> is that because we're bad at it or because they protect their markets? >> i think the bigger problem is that we're bad at it. that stands out as a u.s. -- for countries more than just china we don't have a very good export record. i think there is a good reason for it. for 30 years up until the financial crisis this was a fully employed economy. and if you were an american business you would say the way to make money is to focus on the u.s. economy. you didn't have to spend a lot of time trying to find export markets. and when we were fully employed already. but the world has changed since the financial recession. we need to export today. >> right, and some would say and the chinese need to be better consumers. do you see that changing? >> y
china. and particularly in the area of exporting to china we just haven't done very well at all. we're very good at importing for china but we're very bad at exporting to china. and i think the big reason is we don't pay much attention to that market. >> is that because we're bad at it or because they protect their markets? >> i think the bigger problem is that we're bad at it. that stands out as a u.s. -- for countries more than just china we don't have a very good export record. i...
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Oct 13, 2011
10/11
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millions of people are flooding into china's cities in search of jobs and better lives. but development is struggling to keep pace. the costs of suburbanization are being felt in the countryside. this is the villages latest arrival. but she has no birth certificate. like her brothers, officially, she does not even exist. without papers, her mother worries that baby joe has a bleak future. >> it is important for my kids to go to school and later find a job. there's nothing we can do. we hope it can be resolved sometime in the future. >> at night, the villagers use solar power after their electricity was cut by the authorities. this is a farmer who cannot survive in the city. instead, his family must rely upon themselves, spending and other night with strangers in their homeland. >> the company that makes blackberry smartphone says it may take until thursday morning on the u.s. east coast to clear the backlog of the mills that were caused in the europe data center. around the world, they have been affected by the loss of e- mails and messages. >> for 48 hours more, blackbe
millions of people are flooding into china's cities in search of jobs and better lives. but development is struggling to keep pace. the costs of suburbanization are being felt in the countryside. this is the villages latest arrival. but she has no birth certificate. like her brothers, officially, she does not even exist. without papers, her mother worries that baby joe has a bleak future. >> it is important for my kids to go to school and later find a job. there's nothing we can do. we...
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Jan 13, 2016
01/16
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>> we play every day. >> praying for a miracle in china's rapidly cooling economy. for "nightly business report," i'm eunice yoon. >>> the head of the international monetary fund says slower but more sustainable growth in china may benefit the world in the long run. but christine lagarde made it clear there are no risks that there are risks rather to china's economic transformation. >> in the short run, however, this transformation generates spillover effects through trade and lower demand for commodities as well as through financial channels. >> reporter: at her speech in 35ir ris, she also said interest rate hikes by the federal reserve need to be gradual or they risk hurting already fragile emerging economies. >> to the job market now. the number of openings rose in november, the labor department reports an increase of 82,000 in its monthly survey. more people also quit their jobs which is viewed as a sign of growing confidence in the labor market. >>> and the economy is just one of the many topics president obama is likely to touch on during his state of the uni
>> we play every day. >> praying for a miracle in china's rapidly cooling economy. for "nightly business report," i'm eunice yoon. >>> the head of the international monetary fund says slower but more sustainable growth in china may benefit the world in the long run. but christine lagarde made it clear there are no risks that there are risks rather to china's economic transformation. >> in the short run, however, this transformation generates spillover...
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Aug 27, 2016
08/16
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elsewher despite the headlines pulling growth, china is still attracting ht asia with china tor f%. tourism throughout the east growing at 4%. kournsys.enefitted from their north america is performing well, expegting to grow over 3%. the technology revolution is another big factor fuelling the travel trend. >> companies are really ahead of the curve there. doing an amazing job in travel, creating platforms, platforms and expe help the consumer go to . >> tourism to brazil is scheduled to contract and lat .en america is concerns over zika outbreak is another factor deterring tourists. europe is still suffering have scared acks away travelers. paris reporting a big drop of over 9% in 2016. business is suffering so much that four and five star hotels have cut their rates by as much 45%. attk along with headline failed -- have dampened the interest. and the vote to leave the european union, brexit has not had an impact, but the uk holding up as a travel .estinatio while the new government and m . .>> and that is for joining us. this is the time of year your public television station see
elsewher despite the headlines pulling growth, china is still attracting ht asia with china tor f%. tourism throughout the east growing at 4%. kournsys.enefitted from their north america is performing well, expegting to grow over 3%. the technology revolution is another big factor fuelling the travel trend. >> companies are really ahead of the curve there. doing an amazing job in travel, creating platforms, platforms and expe help the consumer go to . >> tourism to brazil is...
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Apr 9, 2013
04/13
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we project 11% demand growth on aluminum this year in china. >>> on wall street today, strokz closed at the highs for the session as investors looked ahead to those results from alcoa and earnings from several our blue chips. the aluminum giant was one of the biggest gainers in the dow today, rising nearly 2% as of the close. for a good part today, strokz traded in the red, still reeling from those disappointing job numbers on friday. in the end the dow closed higher by 48 points, nasdaq up about 18 and the s&p 500 gained ten points. >>> the earning season begins, the consensus is tepid. here's the chief investment strategist. >> to say you have 2.5 public defender expectation growth is bullish is really hard to make the case. if you look at how you even got there, it's buybacks and losses that made the prior year look even worse. you're talking about zero growth this quarter. >> what do you see down for the rest of the year? >> our full-year expectations, you have 3.5 to 4% earnings growth for the whole year, roughly in line with what other strategists are thinking. analysts are alw
we project 11% demand growth on aluminum this year in china. >>> on wall street today, strokz closed at the highs for the session as investors looked ahead to those results from alcoa and earnings from several our blue chips. the aluminum giant was one of the biggest gainers in the dow today, rising nearly 2% as of the close. for a good part today, strokz traded in the red, still reeling from those disappointing job numbers on friday. in the end the dow closed higher by 48 points,...
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Jun 12, 2014
06/14
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. >>> china is ramping up spending. it's planning big infrastructure projects, including highways, rail networks and oil and gas storage and distribution centers in an effort to energize the world's second-largest economy. china grew at its slowest pace in 18 months in the first quarter, and analysts say the asian nation could likely announce more stimulative measures. >>> big american companies with exposure to china are hoping the stimulus measures work and get consumers in that country spending again, because they have a lot at stake if spending continues to slow over there. sara eisen explains. >> reporter: add this to the laundry list of worries for corporate america right now. the chinese consumer is slowing down. >> see less investment growth, less credit growth, ask that's passing through to less income growth, particularly for households that own businesses. >> reporter: watch for retail sales numbers out on friday. recently, though, import numbers, along with hong kong retail sales and disappointing results fr
. >>> china is ramping up spending. it's planning big infrastructure projects, including highways, rail networks and oil and gas storage and distribution centers in an effort to energize the world's second-largest economy. china grew at its slowest pace in 18 months in the first quarter, and analysts say the asian nation could likely announce more stimulative measures. >>> big american companies with exposure to china are hoping the stimulus measures work and get consumers in...
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Jun 8, 2012
06/12
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the quarter of a percentage point reduction, is china's first rate cut in nearly four years. the country also loosened controls on lending and deposit rates at chinese banks. the moves are the strongest sign yet, that china is doing whatever it can to avoid a sharp economic slowdown. >> what the china central bank is showing is, we recognize that we need to somehow stimulate some growth and this is a first signal that we are doing that. >> reporter: the stock market has been desperately looking for any good news. in addition to watching the fed, investors are waiting for the results of the greek parliamentary elections on june 17. erika miller, "n.b.r.," new york. >> phil angelides from the university of oregon, we've got china providing more stimulus, u.s. federal reserve not, is there something wrong with that picture. >> i certainly think so i think the federal reserve needs to step up to the plate more aggressively here. we've seen some weak numbers recently in the u.s. that should be i think sending some warning signals to federal reserve officials a little more broadly
the quarter of a percentage point reduction, is china's first rate cut in nearly four years. the country also loosened controls on lending and deposit rates at chinese banks. the moves are the strongest sign yet, that china is doing whatever it can to avoid a sharp economic slowdown. >> what the china central bank is showing is, we recognize that we need to somehow stimulate some growth and this is a first signal that we are doing that. >> reporter: the stock market has been...
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Apr 20, 2013
04/13
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can you bring those to china? >> that's where this trade mission has enormous opportunities. >> every ton of garbage creates the greenhouse gasses. we can turn that into clean energy. >> mike hart from davis came on this trip searching for investors. his company turns solid waste into gas and ultimately electricity. the company can turn a ton of garbage into 1,600 kilowatts of power. >> we will have one significant partner as a result of the trip. that could result in several hundred million dollars of construction projects. >> california also stands to benefit from chinese experts. the country is a leading source of car batteries. governor brown who toured one chinese battery and electric car company says california's goal of 1 million electric cars by 2025 won't happen without china. china shows a lot more promise with working with california than washington. >> i find them a lot more advanced than our united states congress. they are mired in mythology and primative thinking. with that kind of power against ren
can you bring those to china? >> that's where this trade mission has enormous opportunities. >> every ton of garbage creates the greenhouse gasses. we can turn that into clean energy. >> mike hart from davis came on this trip searching for investors. his company turns solid waste into gas and ultimately electricity. the company can turn a ton of garbage into 1,600 kilowatts of power. >> we will have one significant partner as a result of the trip. that could result in...
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Jan 17, 2014
01/14
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china has really been an area of growth for them. and i think everybody who is selling big complex machinery and big complex systems in china, there's a question mark over those numbers at this time as the one regime transitions to another. so it's going to be an interesting time for them. >> all right. it's an interesting week coming up. thank you so much for getting us ready for it. thanks a lot, kim. >> thanks for having me. >> kim forrest with for the pitt capital group. >>> two-day rally in the market hitting the pause button today with the financial sector a model selloff after disappointing bank earnings before the bell. big selloffs throughout the day at best bae. after two days of double-digit gains. the dow fell 65 points today, the nasdaq ended 3 points higher and the s & p 500 retreated from yesterday's all-time high closing down a modest 2 points today. >>> american express was another high profile financial company that delivered a disappointing earnings report today. after the market close, the credit card giant said i
china has really been an area of growth for them. and i think everybody who is selling big complex machinery and big complex systems in china, there's a question mark over those numbers at this time as the one regime transitions to another. so it's going to be an interesting time for them. >> all right. it's an interesting week coming up. thank you so much for getting us ready for it. thanks a lot, kim. >> thanks for having me. >> kim forrest with for the pitt capital group....
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May 18, 2012
05/12
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. >> tom: when we talk about developing asia are we talking all about china and the demand from china for not only australian mineral its and energy but also australian grains and cattle? >> certainly. china is our ally trading partner. it has become more and more important each and every year. to give a perspective on that it's gone from representing around 7% of our total exports at the start of last decade to over 41% by the end of 2010. so a considerable rise in demand from china for our key commodities which includes agriculture commodities. >> tom: john, does that put the western australian economy really at risk to the ripple effect if china is successful in slowing its economy down? >> certainly if china is our greatest opportunity, but also our greatest risk because it has become so important to our economic prospects. and wa is not alone in that regard. i think if china was to slow down sharply then ultimately the global economy would suffer. but our members, our business community suggests that overall the prospects are still sound, even if there is a mild slowdown. >> tom:
. >> tom: when we talk about developing asia are we talking all about china and the demand from china for not only australian mineral its and energy but also australian grains and cattle? >> certainly. china is our ally trading partner. it has become more and more important each and every year. to give a perspective on that it's gone from representing around 7% of our total exports at the start of last decade to over 41% by the end of 2010. so a considerable rise in demand from...
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Aug 31, 2013
08/13
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corporate america is the bull in the china shop, and china metaphor there is also meant. but when i look at the setting with amazon, if you're the owner of an independent bookstore, you're not going to like the president chose this setting. they did announce they're creating 4,000 jobs, setting up distribution centers and the phrase that's use side bricks and click. they have acknowledged that they do support some sort of an internet tax, and so there could have, on the progressive end of how it works with our tax system. jeff bazos, the genius behind amazon, is one of silicone valley, california start ups. they're getting into policy, just with facebook is hill on the way side. it's almost like another government there. in that sense, this is recognizing the future, and the future is here. >> the you apparently did not read sarah o conar's piece the 9th of february. she said workers were pained minimum jobs to do full-time jobs. it was like a robot in an assembly line. very negative article. >> i didn't -- i missed the article. i look forward to them forming a union. >>
corporate america is the bull in the china shop, and china metaphor there is also meant. but when i look at the setting with amazon, if you're the owner of an independent bookstore, you're not going to like the president chose this setting. they did announce they're creating 4,000 jobs, setting up distribution centers and the phrase that's use side bricks and click. they have acknowledged that they do support some sort of an internet tax, and so there could have, on the progressive end of how...
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Nov 29, 2017
11/17
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what about china? you've had your struggles in china. where does that stand now? in china, we, in 2010, were attacked by the chinese military, and that caused us to rethink our role with the chinese government, and we famously moved from beijing to hong kong, if you will. so-- and that had the effect that the google services were on the other side of what is called the great firewall, which is a censorship firewall. and it means that the chinese government can turn on and off google, depending on its whim. we have tried to work with the chinese government without violating that principle, but we've not found a path yet. today, china is even more censored than it was in 2010. under president xi they are-- they have made stronger laws with respect to bad content from their perspective against bloggers, and they now have a real name requirement, which is that to be on the internet, you have to register as a chinese citizen your real name. there's no notion of anonymity. which, again, they can then use by their police. so one of the effects of building a very successf
what about china? you've had your struggles in china. where does that stand now? in china, we, in 2010, were attacked by the chinese military, and that caused us to rethink our role with the chinese government, and we famously moved from beijing to hong kong, if you will. so-- and that had the effect that the google services were on the other side of what is called the great firewall, which is a censorship firewall. and it means that the chinese government can turn on and off google, depending...
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Sep 19, 2015
09/15
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deals with china. i mean, on one level great powers and even lesser powers know that governments spy on each other. what the u.s. takes exception to is that the chinese government and the chinese military are exceptionally organized. it's a very large scale and that they go after not just the kind of data that normally is acquired in spying government to government, but also proprietary information from u.s. companies that allows the chinese companies to compete against them. the u.s. government says unfairly. there have been conversations. there have been discussions and negotiations over years about this and the chinese government says we're a victim, too, but it doesn't really change. >> what are some of the other points of contention between the two countries in addition to cybersecurity? >> i think the biggest one is how each power sees itself in the world and sees the other in the world. the chinese government has for a long time thought if the 20th century was america's this would be china's and
deals with china. i mean, on one level great powers and even lesser powers know that governments spy on each other. what the u.s. takes exception to is that the chinese government and the chinese military are exceptionally organized. it's a very large scale and that they go after not just the kind of data that normally is acquired in spying government to government, but also proprietary information from u.s. companies that allows the chinese companies to compete against them. the u.s....
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Jul 16, 2013
07/13
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adding to the worries, new reports showing a slowdown in china's economy. it's no wonder economists are now recalculating growth numbers for the u.s. over the last quarter. one of them is calling for skimpy gdp growth of less than 1%. there are more indicators of economic growth that saw a lot of movement today, oil and gasoline prices both moving higher again. crude closed above $106 a barrel today, with no sign of letting up any time soon. but the ceo of one of the world's biggest oil companies said today, that by the end of this year, the oil price should be half what it is today. gulf oil's joe petrowsky credits the record number of oil and natural gas being produced. he also said that does not mean prices at the pump will see a sharp decline any time soon. >> the fact that we're relying on railroads and trucks to move product from refinery markets to consumption markets, rather than pipelines is adding another 35 to 40 scents, if you do the math, with $50 oil does not translate into $2 gasoline. we have to refine it and move it. >> if you filled up you
adding to the worries, new reports showing a slowdown in china's economy. it's no wonder economists are now recalculating growth numbers for the u.s. over the last quarter. one of them is calling for skimpy gdp growth of less than 1%. there are more indicators of economic growth that saw a lot of movement today, oil and gasoline prices both moving higher again. crude closed above $106 a barrel today, with no sign of letting up any time soon. but the ceo of one of the world's biggest oil...
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Jan 30, 2018
01/18
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china takes a different approach. what they've tried to do is affect the decisionmakers themselves, to try to influence the policy choices that they make. >> let's dig down a little bit because obviously you are suggesting, in fact you have written for "the new yorker" that jared kushner is their connection. that's what you have reported. we know that jared kushner has had many meetings with the chinese ambassador to washington. is it the fact that he went in to those meetings without the usual support group, the experts, the note keepers, the note takers that worries you? >> well, that's exactly it. you know, in some sense national security 101 is that when you go into a meeting with a diplomat, particularly with a country that is perhaps not an american ally in this case. china occupies a space between being a partner, being a rival. you go in fully equipped with the best minds in the business. you go in with the top specialists in the u.s. government, you go in with note takers, you go in with people to relay a rel
china takes a different approach. what they've tried to do is affect the decisionmakers themselves, to try to influence the policy choices that they make. >> let's dig down a little bit because obviously you are suggesting, in fact you have written for "the new yorker" that jared kushner is their connection. that's what you have reported. we know that jared kushner has had many meetings with the chinese ambassador to washington. is it the fact that he went in to those meetings...
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Apr 6, 2013
04/13
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not his most recent on china. maybe it's in there but the slightly earlier one, because kissinger was handling all that. >> that's right. the problem with kim jong-un is we don't know what the heck he is up to because he is behaving kind of like the crazy guy in the pen ten tree who nobody wants to go near beck's acting nuts. and this has been the problem that kim jong-un has not behaved in a rationale way so we know just what he is going to do. we at the same time owe china is in a similar situation to us because they're concerned not only about possible reunification, or any kind of further instability that will cause more refugees to come pouring across the border into china. so the u.s. has been wise, through republican and democratic administrations to push for multilateral talks. what kim wants is direct talks with the white house. >> the united states has a long- term problem here. this guy, 29, 30 years old, he's got a nuclear device, or nuclear bomb. he's got missiles. he has not married the two, but if h
not his most recent on china. maybe it's in there but the slightly earlier one, because kissinger was handling all that. >> that's right. the problem with kim jong-un is we don't know what the heck he is up to because he is behaving kind of like the crazy guy in the pen ten tree who nobody wants to go near beck's acting nuts. and this has been the problem that kim jong-un has not behaved in a rationale way so we know just what he is going to do. we at the same time owe china is in a...
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May 16, 2015
05/15
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. >> china is driving netflix to new highs. there are reports the company is in early talks with jack ma and best new media market. >> there are 200 million broadban china and 100 million in the u.s. and so there is say middle class that can subscribe to netflix so there could be tremendous opportunity there over time if they split with a local partner. >> but netflix wrote to shareholders in january that in china, it is exploring options all the modest. and we'll learn if we can operate in china centrals on globally licensed content. in addition to regulatory challenges including restrictions on foreign online content, there is the issue of china sensoring what it considers objectionable consent and high level of piracy. up to 60 million subscribers some may wonder if the stock may have gone too far too fast but crockett projects the company will triple subscribers by 2020. >> each million subscribers drop0 million to th bot line and i think you will go vertical in earnings and you want to own that. it is at the forefront in h
. >> china is driving netflix to new highs. there are reports the company is in early talks with jack ma and best new media market. >> there are 200 million broadban china and 100 million in the u.s. and so there is say middle class that can subscribe to netflix so there could be tremendous opportunity there over time if they split with a local partner. >> but netflix wrote to shareholders in january that in china, it is exploring options all the modest. and we'll learn if we...
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Nov 4, 2016
11/16
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sea ruling against china. starbucks in the quarter so no impact. for "nightly business report," i'm susan lee. >>> facebook shares fell despite a blowout quarter for the social network. we reported it last night. on the conference call, the company surprised investors when it said its strong ad base was set to slow. that pressured the stock today, as you see right there. julia boorstin takes a closer look at facebook's growing pains. >> reporter: facebook says it's reaching its limit on how many ads users see in their news feeds. and it won't be able to continue to rely on increasing its ad load to drive revenue growth. facebook's cfo explaining the company's outlook on its earnings call last night. >> ad load has been one of the three primary factors fueling that growth, with a much smaller contribution from this important factor going forward, we expect to see the ad growth rate coming down meaningfully. it's premature to provide specific expense guidance. we anticipate 2017 will be an aggressive investment
sea ruling against china. starbucks in the quarter so no impact. for "nightly business report," i'm susan lee. >>> facebook shares fell despite a blowout quarter for the social network. we reported it last night. on the conference call, the company surprised investors when it said its strong ad base was set to slow. that pressured the stock today, as you see right there. julia boorstin takes a closer look at facebook's growing pains. >> reporter: facebook says it's...
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Apr 23, 2014
04/14
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. >>> another big car maker taking a big step today, tesla selling luxury cars in china, eight of them in all, throwing in the converter. the ceo was on hand in beijing to announce plans to build a nationwide network of charging stations and service centers as quickly as possible in china. he hopes to sell as many as 5,000 vehicles there a year. >>> as far as our sales in china, it is difficult to make precise predictions. what we see right now is pretty strong demand. i think probably more demand than we can fulfill this year. >> now, musk also said that tesla plans to start to build cars in china within the next three to four years. >>> and citigroup executives were expected to come under intense scrutiny from shareholders today who wanted to hear more about the company's recent stumbles including the failed stress test and allegations of fraud in the banking unit. from st. louis, the meeting turned out better than expected. >> reporter: citigroup's investors are clustered in the northeast. but this year the bank said meet us in st. louis. the meeting, a thousand miles away from wall
. >>> another big car maker taking a big step today, tesla selling luxury cars in china, eight of them in all, throwing in the converter. the ceo was on hand in beijing to announce plans to build a nationwide network of charging stations and service centers as quickly as possible in china. he hopes to sell as many as 5,000 vehicles there a year. >>> as far as our sales in china, it is difficult to make precise predictions. what we see right now is pretty strong demand. i think...